Gono gets economic advisor

Godfrey Marawanyika

RESEVER Bank of Zimbabwe (RBZ) governor Gideon Gono has recruited an economic advisor as part of the central bank’s restructuring exercise, the Zimbabwe Independent has established.
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Former Stanbic group economist Munyaradzi Kereke has been appointed to the newly-created post of policy advisor and strategic planning.



It is the first time in the bank’s history since independence that somebody has been recruited specifically to deal with policy issues and strategic planning. In the past this used to be doneby personnel in the economics division.


Kereke has worked at the central bank before.


Under the new set-up Kereke will report directly to Gono. His position also makes him one of the most influential persons in Gono’s office. Kereke yesterday confirmed that he was now at the central bank. He could not provide further details saying he was rushing to a “series of meetings”.


Kereke’s appointment comes in the wake of the central bank’s restructuring this week which saw a number of key posts being abolished.


Meanwhile, Century Bank has repaid $30 billion it received from the RBZ as liquidity support.

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